Try GOLD - Free
Gov't eyes bidding for LRT-2, MRT-3 contracts in early 2026
Business World Philippines
|September 29, 2025
THE Department of Transportation (DoTr) aims to start the bidding process for the operations and maintenance (O&M) of Light Rail Transit Line 2 (LRT-2) and Metro Rail Transit Line 3 (MRT-3) within the first half of 2026.
“The bidding of LRT-2 (O&M contract) will definitely be by the first half of next year. We will be submitting it to DEPDev (Department of Economy, Planning, and Development) simultaneously with the bidding of MRT-3,” Transportation Undersecretary for Railways Timothy John R. Batan told reporters on the sidelines of Arangkada Investments Forum 2025 last week.
The government is adopting a dual track for the privatization of the MRT-3, he said, noting the DoTr will not turn away any unsolicited proposals while it is soliciting bids.
The government is targeting to implement the solicited bidding process for the MRT-3 project by early next year, Mr. Batan said.
“We are on dual track for MRT-3. We are pursuing a solicited together with the ADB (Asian Development Bank). But we are also open to unsolicited proposals,” he said.
The Transportation department has also hinted at receiving an unsolicited proposal for the operations and maintenance of MRT-3, though Mr. Batan declined to name the proponent, referring only to the group as one of the “usual suspects.”
“We actually think that a proposal, an unsolicited proposal will be submitted very soon. So, once that is submitted, we will definitely look at that seriously,” he said.
Mr. Batan said a proponent has expressed interest, but a formal proposal has yet to be submitted.
This story is from the September 29, 2025 edition of Business World Philippines.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Business World Philippines
Business World Philippines
S&P affirms 'BBB+' rating for Philippines
S&P GLOBAL RATINGS on Thursday affirmed the Philippines' investment grade credit rating with a \"positive\" outlook, noting that its growth prospects remain strong even as the corruption scandal weighs on the economy this year.
3 mins
November 28, 2025
Business World Philippines
Bulacan contractors tied to 'ghost' projects face tax evasion raps — BIR
THE BUREAU of Internal Revenue (BIR) has filed tax evasion complaints against two Bulacan-based contractors allegedly involved in “ghost” flood control projects.
1 mins
November 28, 2025
Business World Philippines
PHL, France spotlight co-productions, animation, feminist films as French Film Fest returns for 28th year
ANIMATED and feminist films are being screened until Nov. 30, as part of this year’s French Film Festival which is now in its 28th year.
3 mins
November 28, 2025
Business World Philippines
Business groups call for mandatory lifestyle checks on all gov't officials
SOME TOP business groups on Thursday called for the public submission of statements of assets, liabilities, and net worth (SALN) by all government officials, as well as mandatory lifestyle checks to enforce accountability.
3 mins
November 28, 2025
Business World Philippines
PHL jumps to 75th in talent competitiveness index
THE PHILIPPINES jumped nine spots in an annual ranking of countries' ability to attract and retain talent, according to a report by business school Institut Européen d'Administration des Affaires (INSEAD) and the Portulans Institute.
3 mins
November 28, 2025
Business World Philippines
James picks his spots
The latest meeting between the Lakers and Clippers functioned both as spectacle and as affirmation of the pecking order. The final score in favor of the purple and gold comes off as a whipping on surface, punctuated by scoring bursts from marquee names. At the same time, clarity lies beyond the numbers: Roles, rhythms and resolve have clearly coalesced for the winners and unravelled for the vanquished.
1 mins
November 28, 2025
Business World Philippines
Extended Beatles Anthology takes fans beyond the mythology of the band
A new episode of the Beatles Anthology, 30 years after the original landmark series, shows the impact on Paul McCartney, George Harrison, and Ringo Starr of being in the biggest rock band in history, its writer and director said.
1 min
November 28, 2025
Business World Philippines
Chinese sportswear maker Anta Sports Products exploring bid for Puma
CHINESE sportswear maker Anta Sports Products is among firms exploring a potential takeover of German sportswear brand Puma, Bloomberg News reported on Thursday.
1 min
November 28, 2025
Business World Philippines
Not too scary, but a solid first effort
KMJS' GABI NG LAGIM THE MOVIE
3 mins
November 28, 2025
Business World Philippines
More than half of new articles on the internet are being written by AI – is human writing headed for extinction?
The line between human and machine authorship is blurring, particularly as it’s become increasingly difficult to tell whether something was written by a person or AI.
4 mins
November 28, 2025
Listen
Translate
Change font size

